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Hai Duong considers allocating 141 billion VND for 5 new projects

SNOW WIND February 29, 2024 18:00

Hai Duong Provincial People's Committee proposed that the Provincial People's Council consider adjusting the public investment plan, allocating 141 billion VND to 5 newly started projects.

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The Investment Project to build an interchange connecting National Highway 17B with National Highway 5, Hanoi - Hai Phong railway (Hai Duong province) is one of 5 newly-started projects with allocated capital.

At the 20th session of the 17th Provincial People's Council, the Provincial People's Committee submitted to the Provincial People's Council for consideration the adjustment and allocation of the 5-year local budget public investment plan for 2021-2025 and the second allocation of the 2024 capital plan (provincial budget capital).

Regarding the allocation of the local budget capital plan for 2024 (2nd time), the submission of the Provincial People's Committee clearly stated that the total unallocated capital plan for 2024 is 340 billion VND. The Hai Duong Provincial People's Committee proposed to allocate nearly 153 billion VND from land use revenue to allocate to 13 projects that are eligible for capital allocation. Of which, the main allocation is for 5 newly started projects (141 billion VND).

Five new projects with allocated capital include: Repairing and dredging irrigation and drainage canals and renovating and upgrading a number of pumping stations in Hai Duong province in the period of 2021 - 2025; Building the Hai Duong Provincial Social Protection Center (new location); Renovating and repairing the Provincial People's Committee hall; Renovating and repairing the Hai Duong Newspaper headquarters; Investing in the construction of an interchange connecting National Highway 17B with National Highway 5, Hanoi - Hai Phong railway (Hai Duong province).

According to the plan to allocate and adjust the local budget capital plan for the 5 years of 2021-2025, the People's Committee of Hai Duong province proposed to reduce 354.5 billion VND of 5 projects with surplus capital. At the same time, it added an increase in the capital plan for land use revenue for the 5 years of 2021-2025 to more than 5,536 billion VND.

The total capital for the 5 years 2021-2025 adjusted to decrease and increase as above is more than 5,891 billion VND, expected to increase the capital plan for 2 newly started projects in the medium-term public investment plan by more than 712.5 billion VND. Supplement the list and allocate to 27 projects (8 completed and handed over projects for use, 19 newly started projects).

Hai Duong Provincial People's Committee also proposed targeted additional support for district-level budgets and assigned districts to implement 9 projects with a total investment of nearly 884 billion VND.

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Hai Duong considers allocating 141 billion VND for 5 new projects